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Barchart
Barchart
Wajeeh Khan

Should You Buy the Dip in Spotify Stock Today?

SPOT Spotify

Spotify Technology (SPOT) posted strong earnings for its fiscal Q1 this morning, but the stock is still in the red as muted guidance dampens investor sentiment. 

The music streaming platform added 10 million monthly active users (MAUs) in the first quarter, which helped drive a 14% year-on-year increase in revenue to €4.53 billion ($5.3 billion).

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